{"id":350329,"date":"2020-05-08T10:50:43","date_gmt":"2020-05-08T05:20:43","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=350329"},"modified":"2020-05-08T10:50:43","modified_gmt":"2020-05-08T05:20:43","slug":"some-domestic-airlines-are-facing-existential-crisis-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/some-domestic-airlines-are-facing-existential-crisis-icra\/","title":{"rendered":"Some domestic airlines are facing existential crisis: ICRA"},"content":{"rendered":"<p>Mumbai: Some domestic airlines, that were already facing financial stress, are staring at an existential crisis in the wake of the coronavirus pandemic, a report said on Thursday.<\/p>\n<p>Indian carriers are expected to incur combined losses of Rs 5,100-6,100 crore in the period between March 25 and May 31, with their per-day lose averaging around Rs 75-90 crore, rating agency ICRANSE 3.01 % said as commercial flight services remain suspended since March 25.<\/p>\n<p>&#8220;While some airlines have sufficient liquidity and\/ or financial support from a strong parentage, which will help them sustain over the near term, some airlines, which were already in financial stress, are facing (an) existential crisis,&#8221; Icra said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Some domestic airlines, that were already facing financial stress, are staring at an existential crisis in the wake of the coronavirus pandemic, a report said on Thursday. Indian carriers are expected to incur combined losses of Rs 5,100-6,100 crore in the period between March 25 and May 31, with their per-day lose averaging around Rs 75-90 crore, rating agency ICRANSE 3.01 % said as commercial flight services remain suspended since March 25. &#8220;While some airlines have sufficient liquidity and\/ or financial support from a strong parentage, which will help them sustain over the near term, some airlines, which were [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-350329","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=350329"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/350329\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=350329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=350329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=350329"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}